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3955 SE Madison St
Portland, OR 97214 Sunnyside

$895,000 USD

Multifamily For Sale  •  3,077 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 3,077 SF
  • Lot Size 0.1 AC
  • Year Built 1910
  • Cap Rate 4.39 %
  • Zoning R2.5
51 Transit Score
97 Walk Score

Highlights

1910 architecture, prime SE Hawthorne neighborhood, home could be owner occupied. Has detached garage.
Currently, home rents as a duplex with the additional basement studio apartment.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $39,330 USD (2023)
Cap Rate: 4.39 %
Total Expenses: $17,670 USD

Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Fenced Lot
  • Fireplace
  • Laundry Facilities
  • Storage Space
  • Heating
  • Crown Molding
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Range
  • Tub/Shower
  • Carpet
  • Yard
  • Basement
  • Built-In Bookshelves
  • Deck
  • Lawn
  • Window Coverings
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Portland (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak) 12 min - 3.8 mi
AirportDriveWalkDistance
Portland International 19 min - 7.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 1
Type: OneCarGarage
Included in Rent: No
Allen Ruggles 541-686-1415 Ruggles Commercial Realty
Allen Ruggles 541-686-1415 Ruggles Commercial Realty